|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 2
|
RM 130,000
|
RM 189
|
689 sqft
|
|
Townhouse |
| 2024 | |||||
|
Level 2
|
RM 120,000
|
RM 174
|
689 sqft
|
|
Townhouse |
|
Level 1
|
RM 120,000
|
RM 174
|
689 sqft
|
|
Townhouse |
|
Level 2
|
RM 115,000
|
RM 167
|
689 sqft
|
|
Townhouse |
| 2023 | |||||
|
Level 1
|
RM 110,000
|
RM 153
|
721 sqft
|
|
Townhouse |
|
Level 2
|
RM 110,000
|
RM 153
|
721 sqft
|
|
Townhouse |
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Market Snapshot
ResidentialRM 117,500
RM 171 psfMedian transaction price
Lot 4753 GMM 871, Lebuh AMJ, Kampung Sungai Petai, 78000 Alor Gajah, Melaka, Malaysia
MapsTaman Seri Pelangi in Alor Gajah, Melaka recorded 6 subsale transactions between 2021 and 2026, sized between 675 and 724 sqft, with a median price of RM 118K and a median price per square foot (PSF) of RM 171.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 118K, with most transactions falling within a stable range of RM 111K to RM 124K, and a typical market range of RM 110K to RM 130K.
Most transactions involved town house, with moderate diversity in property types available.
For price per square foot, the median is RM 171, with most transactions between RM 158 and RM 183. The usual range is RM 153.81 to RM 187.31, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.50 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.